Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,500 monthly. The contract currently sells for $115,000. What is the monthly return on this investment vehicle

1.3%

Explanation:

To find the monthly return , the formula is =

Interest payment/ present value

$15,000 / $115,000 = 0.013043 = 1.3%

I hope my answer helps you

being born in poverty would limit the people's chances, opportunities and benefits.

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- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.